Fed Sticks to 'Patient' Tack on Rate Increases--3rd Update

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Jon Hilsenrath The Federal Reserve signaled it would keep short-term interest rates near zero at least until midyear, while also setting the stage for tough decisions in the coming weeks about whether it should wait even longer. Economic activity ...

China PBOC to Inject Net $8.8 Billion This Week

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

SHANGHAI--China's central bank is injecting 55 billion yuan ($8.8 billion) into the banking system this week to meet rising cash demand ahead of the Lunar New Year holiday. The People's Bank of China is offering CNY45 billion of 28-day reverse ...

Thailand's December Industrial Production Weakens at Slower Pace

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Nopparat Chaichalearmmongkol BANGKOK--Thailand's industrial production continued to weaken in December, albeit at a much slower rate, partly due to an increase in exports of industrial goods, according to the monthly report from the Industry Ministry. Thailand's December manufacturing production ...

China Shares Lead Asian Markets Lower

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

Chinese stocks fell the most in Asia on Thursday in response to fresh worries over restrictions on lending by local brokerages, while the rest of the region reacted to expectations that the U.S. Federal Reserve will remain patient in raising ...

German Unemployment Fell in January

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Emese Bartha FRANKFURT--German unemployment fell in January in line with expectations, the country's labor office said Thursday, suggesting that consumer spending should bolster activity in Europe's largest economy. The number of unemployed fell by 9,000 in January after seasonal ...

Dollar Rises Against Euro on Fed Minutes

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By James Ramage The dollar strengthened against the euro on Wednesday after the Federal Reserve's policy-making committee signaled it would keep interest rates near zero at least until June. The Federal Open Market Committee reiterated its pledge to take a ...

GOP Split on Obama Request for More Defense Spending--Update

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Kristina Peterson and Julian E. Barnes WASHINGTON--President Barack Obama will send Congress a fiscal year 2016 budget next week proposing both military and domestic spending at levels surpassing the limits lawmakers agreed to in a hard-fought 2011 deal. After ...

China to Crack Down on E-commerce Fakes

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

BEIJING--China's Ministry of Commerce said Thursday it would step up its efforts to prevent the sale of counterfeit goods through the country's burgeoning e-commerce market. "The sale of fake goods at some online stores is rampant," ministry spokesman Shen Danyang ...

German Unemployment Fell

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

FRANKFURT--German unemployment fell in January in line with expectations, the country's labor office said Thursday, suggesting that consumer spending should bolster activity in Europe's largest economy. The number of unemployed fell by 9,000 in January after seasonal variations in the ...

Aussie Dollar Hit by Rate Cut Talk

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

SYDNEY--The Australian dollar fell to a 5.5-year low Thursday amid growing speculation the country's central bank would cut interest rates in coming months. A rate cut by the Reserve Bank of Australia would see the central bank join a growing ...

GOP Split Over Expected Obama Request for More Defense Outlays

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Kristina Peterson And Julian E. Barnes WASHINGTON--When President Barack Obama sends his fiscal year 2016 budget to Congress next week, Republicans are likely to reject much of it as too much government spending. But the party is torn over ...

Asian Shares Fall -- Update

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Chao Deng Asia shares were mostly lower Thursday with China suffering the most, in response to fresh worries over Beijing's restrictions on lending by local brokerages. Hong Kong's Hang Seng Index fell 1.1% and Japan's Nikkei Stock Average was ...

German Minister: Berlin Doesn't Seek New Russia Sanctions

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

BERLIN--German Economics Minister Sigmar Gabriel said Thursday that Berlin doesn't seek new sanctions against Russia, but the path towards better relations with Moscow "goes through Minsk." Speaking in parliament, Mr. Gabriel said: "Naturally no-one in Europe and certainly not in ...

Swedish Confidence Indicators Show Mixed Picture

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Charles Duxbury STOCKHOLM--Confidence among Sweden's consumers and manufacturers diverged in January as households became a touch more pessimistic while sentiment at companies improved, data showed Thursday, The consumer confidence indicator from the government agency the National Institute of Economic ...

India's Central Bank Will Likely Leave Rates Steady, Economists Say

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Gabriele Parussini MUMBAI--Reserve Bank of India Governor Raghuram Rajan will likely leave lending rates unchanged at Tuesday's policy meeting, economists say, after a surprise cut earlier this month that caught markets off guard. As Mr. Rajan prepares for his ...

Dollar Higher Against Yen on Month-End Dip Buying

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Hiroyuki Kachi The dollar rose against the yen in Asian trade Thursday, driven by month-end dip buying by Japanese corporate investors. Market participants also pointed to comments by Japan's top spokesman that some interpreted as the government leaving open ...

Retail trade increased in December

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

Statistical news from Statistics Sweden and HUI Research 2015-01-29 9:30 AM Nr 2015:10 Turnover in Retail Trade, December 2014: Retail trade increased in December The retail trade sales volume increased by 3.4 percent in December compared to the same month ...

Japan Dec Overall Retail Sales +0.2% on Year

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

TOKYO--Japanese retail sales rose 0.2% in December from a year earlier, marking the sixth straight month of increase, the government said Thursday, on stronger sales of cosmetics and food and beverage products. The figures, released by the Ministry of Economy, ...